Cyril Akporuere Odu

Former Executive Partner at African Capital Alliance Ltd.

Cyril Akporuere Odu

Cyril Akporuere Odu

Former Executive Partner at African Capital Alliance Ltd.

Biography

Chairman

Mr. Cyril Akporuere Odu joined the Board of Directors of Union Bank in 2012 and was appointed Chairman of the Board of the bank in November 2015. Prior to his appointment as Chairman, Mr. Odu was the Chairman of the Bank’s Risk Management Committee and served as a member of the Finance and General Purpose and Credit Committees.

Mr. Odu has nearly 45 years of professional, managerial and director level experience. His 40-year distinguished career at ExxonMobil saw him rise from Trainee to Vice Chairman of the Board of Mobil Producing Nigeria and Chief Financial Officer of ExxonMobil Upstream Companies in Nigeria, making him the highest-ranking Nigerian in the organisation until his retirement in 2012.

During the span of his career at ExxonMobil he served in many technical and managerial functions including Associate Geologist, Treasurer, Controller, Project Finance Director (Europe, Middle East, and Africa), Country HR Manager and General Manager, Planning and New Business Development. He was actively involved in developing and executing ExxonMobil business strategies in Nigeria, as well as in the implementation of several innovative funding and financing solutions, including the first upstream financing deal (the 1991 Oso Condensate field development) in Nigerian history.

In 2008, he served on a presidential committee tasked with accelerating the expansion of Nigeria’s power infrastructure. After his retirement from Exxon Mobil in 2012, Mr. Odu joined African Capital Alliance and is currently Chief Executive of the firm.
Mr. Odu holds a Bachelor’s degree in Geology from the University of Ibadan, where he graduated with honours. He also has an MBA from Texas Southern University in Houston, Texas.

Overview
RelSci Relationships

191

Number of Boards

6

Relationships
RelSci Relationships are individuals Cyril Akporuere Odu likely has professional access to. A relationship does not necessarily indicate a personal connection.

Chief Executive Officer at Union Bank of Nigeria Plc

Relationship likelihood: Strong

Chief Executive Officer/Executive Secretary at American Business Council - Nigeria

Relationship likelihood: Strong

Executive Director & Head-Treasury at Union Bank of Nigeria Plc

Relationship likelihood: Strong

Executive Director & Chief Risk Officer at Union Bank of Nigeria Plc

Relationship likelihood: Strong

Chairman & Chief Executive Officer at Oracle Energy Corp.

Relationship likelihood: Strong

Co-Founder at Karma Athletics Ltd.

Relationship likelihood: Strong

Chief Executive Officer at Oracle Energy Corp.

Relationship likelihood: Strong

Managing Director & Director at Niger Delta Exploration & Production Plc

Relationship likelihood: Strong

Finance Director, Nigeria at Afren Plc

Relationship likelihood: Strong

Executive Partner at African Capital Alliance Ltd.

Relationship likelihood: Strong

In The News
News Bites Canadian Markets
February 28, 2020
Stock Weekly: Oracle Energy unchanged on strong volume
News Bites Canadian Markets
January 17, 2020
Stock Weekly: Oracle Energy unchanged on thin volume
Global Banking News
December 27, 2017
-Nigeria's Union Bank makes changes to board
The Guardian (London)
October 9, 2017
Honouring 'Miss Uwawah' My Primary 3 Teacher [opinion]
Private Equity International
February 16, 2017
AVCA appoints five new directors
Paths to Cyril Akporuere Odu
Potential Connections via
Relationship Science
You
Cyril Akporuere Odu
Former Executive Partner at African Capital Alliance Ltd.
Education

Texas Southern University will become one of the nation’s preeminent comprehensive metropolitan universities. We will be recognized by the excellence of our programs, the quality of our instruction, our innovative research and creative activities, and our commitment to be a contributing partner to our community, state, nation, and world.

Established some 67 years ago, the University of Ibadan, UI as it is fondly referred to, is the first University in Nigeria. Until 1962 when it became a full fledged independent University, it was a College of the University of London in a special relationship scheme. The University, which took off with academic programmes in Arts, Science and Medicine, is now a comprehensive citadel of learning with academic programmes in thirteen Faculties namely, Arts, Science, Basic Medical Sciences, Clinical Sciences, Agriculture and Forestry, the Social Sciences, Education, Veterinary Medicine, Pharmacy, Technology, Law, Public Health and Dentistry. The Faculties of the Basic Medical Sciences, Clinical Sciences, Public Health and Dentistry are organized as a College of Medicine. The University has other academic units among which are: Institute of Child Health, Institute of Education, Institute of African Studies, Centre for Child Adolescent and Mental Health, Centre for Educational Media Resource Studies, African Regional Centre for Information Science (ARCIS), Centre for Peace and Conflict Studies (CEPACS), Centre for Petroleum, Energy, Economics and Law (CPEEL), Centre for Sustainable Development (CESDEV), and Centre for Entrepreneurship and Innovation (CEI),Institute for Advanced Medical Research and Training (IAMRAT), Centre for Drug Discovery, Development & Production (CDDDP), Centre for Control & Prevention of Zoonosis (CCPZ). A new National Institute for Maternal Child & Neonatal Health (NIMCNH) & Institute for Infectious Diseases are under construction. A new School of Business (UISB) is expected to take off later this year. The University, as part of efforts to fulfil a God given mandate of promoting Nigeria’s development, established a Research Foundation (UIRF). The University of Ibadan Postgraduate School is, well acknowledged within and outside the country as one of the largest in Africa and the flagship of Postgraduate Education in Nigeria as it produces the much required human resources for the entire Nigerian University system, the Nigerian public and private sectors and beyond. The Postgraduate School enrolment takes about 50% of the entire student enrolment. University of Ibadan produces an average of 3,000 Masters & 250 Ph.Ds every year. The University currently hosts the Pan African University Life & Earth Sciences Institute on behalf of the West African Subregion. This is an initiative of the African Union. The programme is in its 2nd year and has 97 students from all over Africa. The University is, however, not resting on its oars as it intends to be ranked among the best universities worldwide, in keeping with its Mission statement: There are twelve Halls of Residence which provide accommodation for about 30% of the population of students in the regular studies mode; and three others under construction with the support of the FG Revitalisation Funds. The University has 1212 housing units, out of which of which 609 units are occupied by senior staff and 603 units by junior staff. The University of Ibadan is, therefore, a truly complex organization. Its governance is based on the Committee System; all the Boards and Committees report to Council and/or Senate. In order to carry out its main functions of teaching, research and community service, the University has been providing to a large extent, basic services like electricity and water supply, security, health facilities and other municipal services to its staff and students. Through its alumni and alumnae, the University of Ibadan has, in the past six decades contributed significantly to the political, industrial, economic and cultural development of Nigeria. Mission Statement To expand the frontiers of knowledge through provision of excellent conditions for learning and research To produce graduates who are worthy in character and sound judgement To contribute to the transformation of society through creativity and innovation To serve as a dynamic custodian of society’s salutary values and thus sustain its integrity.

Career History
Executive Partner
2012 - Current

ACA seeks investments opportunities in companies Africa primarily in West Africa. They target sectors like Business Services, Energy, Fast Moving Consumer Goods (FMCG), Financial Services, and Telecommunications, Media & Technology (TMT). The firm provides equity capital requirements.ACA focus on sectors high potential investments in attractive sectors and they partner with experienced management teams. Their portfolio companies typically offer a new or differentiated product or service to Africa''s rapidly growing customer base.

Vice Chairman
Prior

Mobil Producing Nigeria Unlimited, a subsidiary of Exxon Mobil Corp., is a Nigerian company located in Lagos that engages in the offshore production of crude, condensate, and natural gas liquid.

Other Affiliations

Cyril Akporuere Odu is affiliated with African Capital Alliance Ltd., Mobil Producing Nigeria Unlimited

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Cyril Akporuere Odu. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Cyril Akporuere Odu's profile does not indicate a business or promotional relationship of any kind between RelSci and Cyril Akporuere Odu.